XAUUSD (GOLD) 4hour Analysis 5/10/20
Gold Long Idea
As we have seen for many weeks Gold has been very bullish on all higher timeframes.
Currently we are seeing what looks like another potential strong push to the upside. We saw a break of 1715.00 and price action is now forming a retest.
Ideally strong bullish setups at the current level would be enough to enter long on. Look to target the 1800.000 area as that is the next major level of key resistance.
As we have seen for many weeks Gold has been very bullish on all higher timeframes.
Currently we are seeing what looks like another potential strong push to the upside. We saw a break of 1715.00 and price action is now forming a retest.
Ideally strong bullish setups at the current level would be enough to enter long on. Look to target the 1800.000 area as that is the next major level of key resistance.
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